Bitcoin To Cross $3,600 Bracket Reported By Goldman Sachs
Reversing a bearish outlook for the value of bitcoin, Sheba Jafari, Chief Technician, Goldman Sachs this week told its clients that Bitcoin might reach a new high of over $3,600 very soon.
The movement is in line with Sheba’s earlier analysis, posted on 13th June, when she predicted that the value would drop below $2,000 for a short-time, as profiled by Business Insider.
Infact, since surpassing its incomparable high of over $3,000 on 12th June, the bitcoin value dumped to as low as $1,836 on the CoinDesk Bitcoin indicator. Shortly thenceforth, on its technical roadmap, it hit a one month high across all the major exchanges.
As of now Sheba Jafari believes that the value of bitcoin is fluctuation period, at least till a new wave of value growth begins.
Jafari noted, ”Anything higher than $3,000 can counsel potential to have already started wave V, that once more incorporates a minimum target at $2,988 and scope to achieve $3,691”.
Source : CoinDesk
and McAfee says it will be 500K in 3 years or....
Hahaha LoL
280K is correct.
I still believe overall that BTC is undervalued, and has plenty of growth ahead of it once the storm of August passes.
Exactly... after August it will ignite like a Rocket
Undervalued is understatement. Think about 40-50K $ per coin in 5 years and 400-500K $ in 10-15 years.
Great Post we are looking forward to seeing BITCOIN break past the $3000 Mark!
Yes Me too :)
Following as I like your posts
Me three.
It will halve before that owed to Chain Wars. People always think price moves straight in one line.
This could happen by the end of August or mid September.
Hmmm... Lets see
I don't think it plans to stop at 3691... just my thoughts.
Me too it will cross $5000 mark as well :)
Congratulations for this post, thanks for sharing!
Im following you !
Resteeming this to my followers. Hope it helps a little.
Thank you :) for helping me and your followers
I am excited to see where the price ends up going to from here.
I predict $5000 at the end of this year
Sheba's uncanny predictions smell more like trading on inside information on whales within Goldman Sachs. Makes me uneasy when someone is correct all too often on a $1,000 range in price of the number 1 crypto-currency.
Just my 2 cents
upvoted
HAHA ... You may be right ... no wonder they are so rich LOL
I think bitcoin is about to die, get replaced by more robust more versatile coins, looking at the latest charts, IOTA bucked the trend and shot up 7% instead of following BC down south, there will a few outstanding coins that will decouple from BC which will beccome clear next month. Just like a coup de tat...
The wall street sharks are pumping it up, just because they they hope to dump..
Well everything in the world has its time right now BTC is ruling maybe in the near future some other coin will come forward ... You might be right I think :)
I am also expecting the same it will break 3000 mark sooner or later. Not expecting too much price down from current price.
It can even break $5000 mark till the end of this year and I'm damn sure about this...
Thanks for reading :)